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Market snapshot
Lake Forest, IL
$1,220,000median home price
Data as of May 31, 2026 · 29 sales this period · Source: Redfin
Year over year
-3.7%
Month over month
-8.8%
Days on market
49
Active inventory
72
By property type
How prices differ across single-family, condo, townhouse, and multi-family in Lake Forest.
| Type | Median | YoY | MoM | DOM | Inventory | $ / sqft |
|---|---|---|---|---|---|---|
| All residential | $1,220,000 | -3.7% | -8.8% | 49d | 72 | $386 |
| Single-family homes | $1,322,500 | -28.0% | -7.2% | 49d | 64 | $387 |
| Condos / Co-ops | $800,000 | +42.1% | +10.5% | 47d | 4 | $386 |
| Townhouses | $907,500 | +21.0% | - | 142d | 4 | $404 |
| Multi-family (2-4 units) | $825,000 | - | - | 59d | - | $306 |
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